Mexican court ruling on Disney-Fox merger will not stall deal - regulator

 Mexican court ruling on Disney-Fox merger will not stall deal - regulator

MEXICO CITY (Reuters) - A Mexican court decision regarding Walt Disney Co's acquisition of Twenty-First Century Fox Inc's assets in Mexico will not stall the finalization of the deal, telecoms regulator IFT said in a statement on Thursday.

Last year, Disney agreed to purchase Fox's film and television assets for $71 billion (£55.34 billion), marking one of the largest media deals in recent history after Disney won a bidding war against cable company Comcast Corp.

(Reporting by Julia Love; Editing by David Alire Garcia)

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Updated Date: Dec 06, 2019 07:08:32 IST